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Re: Stockman1010101 post# 22071

Friday, 06/07/2024 6:26:14 PM

Friday, June 07, 2024 6:26:14 PM

Post# of 23634
Does he actually own 121,000 June 21 calls? Has he shown that on his account statement? In the screenshot I saw, the breakdown of his options positions was obscured by his head.

But here's the action in the June 21 calls with a 20 strike; calls are on the left, puts on the right:



You can see the rest of the information about them here:

https://www.nasdaq.com/market-activity/stocks/gme/option-chain/call-put-options/gme---240621c00020000

Why is he holding do much calls worth millions if he is going to let them expire worthless.

He still has two weeks. Maybe he thinks they'll go back up, at least enough to save him a little of that money. But of course he'll have increasing time decay to worry about.
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